NEW YORK (GenomeWeb News) – The Broad Institute has placed advertisements seeking to hire "a chief development officer who will lead the effort to raise an additional $300 million over the next five years."

That $300 million would be in addition to the almost $300 million the institute said it has raised in private philanthropic support, let alone the $600 million committed by its namesake couple, Los Angeles philanthropists Eli and Edythe Broad, since the institute was launched in 2004.